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Algorand launches virtual machine to increase smart contract capabilities

Blockchain platform Algorand has nowadays introduced the release of the Algorand Virtual Machine, or AVM, a layer-1 protocol improve designed to decorate decentralized app scalability for builders and organizations, permit immediately transaction finality and maintain a terrible carbon output. In addition to those advancements, the AVM will even provide...

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El Salvador president teases geothermal Bitcoin mining farm

Salvadoran President Nayib Bukele shared a video displaying the obvious development of the country’s Bitcoin (BTC) mining plant powered via way of means of volcanic geothermal electricity. The video suggests a top level view of a energy technology facility, with technicians allowing crypto mining rigs. Bukele did now no...

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Crypto is impossible to destroy, says Tesla CEO Elon Musk

As worldwide regulators preserve to scrutinize the cryptocurrency industry, Tesla CEO Elon Musk has expressed aid for crypto, calling it indestructible. “It isn’t always viable to, I think, damage crypto, however it’s far viable for governments to sluggish down its advancement,” Musk stated on the Code Conference in California,...

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Thailand’s tourism authority is considering creating its own utility token

The Tourism Authority of Thailand (TAT) is thinking about developing its personal application token to capitalize at the developing reputation of cryptocurrencies. Named after the agency’s acronym, the plan to release TAT Coin will need to navigate via Thailand’s complicated prison framework and guidelines earlier than coming to life....

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Polkadot Web3 wallet Talisman closes $2.35M seed funding round

Talisman, a Polkadot Web3 pockets platform, has raised $2.35 million from early backers together with Hypersphere Ventures, Koji Capital and Advanced Blockchain AG in addition to numerous nameless Flex Dapps investors. According to an statement issued on Wednesday, with the investment spherical closed, Talisman is seeking to release a...

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SEBA Bank granted the first Swiss digital asset custody license

SEBA Bank AG, a totally regulated Swiss-primarily based totally organization with a focal point at the supplying of virtual cryptocurrency property, has these days introduced the approval of a CISA license from the Swiss Financial Market Authority, or FINMA, to facilitate an institutional-grade custodian provider for nation-local collective funding...

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